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Technology Stocks : SILICON STORAGE SSTI Flash Mem -- Ignore unavailable to you. Want to Upgrade?


To: Navigator who wrote (302)10/20/1998 5:57:00 PM
From: Smilodon  Read Replies (1) | Respond to of 1881
 
Haven't heard anything.

I think H&Q, DLJ and Fahnstock are still covering it. Fahnstock lowered from a buy to market perform. But, until the business starts improving, they won't give it any support. Mike Briner, their VP of design recently bought a lot of stock. I would expect others in the company to buy stock, as they have in the past.

The only near-term catalyst I see is the two licensing deals they mentioned. Perhaps we can get another IBM-like spike in the stock. Otherwise, we must wait until the flash memory cycle turns. Probably in late 1999.

Good potential return, but the cycle is taking much longer to turn than I expected.

Regards,

Archer